Author Topic: Dollar Coins from US Mint at face value with Free Shipping  (Read 98407 times)

Offline AsherO

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #330 on: July 06, 2011, 02:26:00 PM »
After 2 months of lurking, I figured it was time to give rather than take  :)

Yup, I noticed your sign-up date, I like you already, welcome to DDF (as an active user).

Offline karen

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #331 on: July 06, 2011, 02:33:47 PM »
Citi has not charged me a cash advance fee for coins over the last few months.
Thanks! Which citi cards are you using?

Offline wired41

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #332 on: July 06, 2011, 02:44:52 PM »
AA advantage Visa

Offline irleetnoob

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #333 on: July 06, 2011, 06:04:22 PM »
For those of us in Northern CA, Safeway currently has a $10 off next purchase when you buy $100 in Visa gift cards. Pretty simple way to get 4% discount/CB (after activation costs) on some easily "laundered" visa GCs.

Offline Nitantnel

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #334 on: July 06, 2011, 10:33:03 PM »
Yup, I noticed your sign-up date, I like you already, welcome to DDF (as an active user).

Hay Asher, do you like me also?...

BTW, I got 2 of the laptop's you suggested, Thanks!

Offline AsherO

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #335 on: July 07, 2011, 12:22:43 AM »
Hay Asher, do you like me also?...

BTW, I got 2 of the laptop's you suggested, Thanks!

Please don't buy laptops I link to just to get me to like you, that's just plain creepy ::)

Offline WAM

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #336 on: July 11, 2011, 04:58:08 PM »
lol.. you're joking right?
I was only being a tiny bit sarcastic

Offline i3ond

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #337 on: July 11, 2011, 06:35:51 PM »
Thanks! Which citi cards are you using?

Not sure what one he was using.  I used the citi Thank you premier and show as purchase.
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Offline LAXtraveler

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Offline AsherO

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #339 on: July 13, 2011, 08:00:30 PM »
From today...

http://www.npr.org/blogs/money/2011/07/13/137795995/how-frequent-fliers-exploit-a-government-program-to-get-free-trips

Whoa!  $284 million in $1 coins!!! Anyone care to estimate what that cost the mint in shipping, handling, and CC processing? Must've cost them a small fortune. What a blatant waste of taxpayer dollars (pun).
« Last Edit: July 13, 2011, 08:04:08 PM by AsherO »

Offline LAXtraveler

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #340 on: July 13, 2011, 08:11:16 PM »
This has probably been talked about in the length of this thread, but seeing as many of the commentators on the NPR story have mentioned it... there is a strong argument to be made that by taking the coins and putting them right in the bank you are violating the terms and purposes of the program (arguable obviously since you might want to say taking them to the bank is putting them in circulation).

Assuming this is against the terms, do you think most poskim would find it ethical OR halakhic to do this?
Ethical = because it doesn't violate the rules per se, but is definitely not in their spirit.
Halakhic = because it could 1) be a violation 2) Hillul Hashem if many Jews are doing it or 3) arguments about stealing from US taxpayers who foot the bill

Just a conversation piece. Not sure what the right answer is.

Offline Dan

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #341 on: July 13, 2011, 08:15:55 PM »
Officials there first noticed something amiss in summer 2008, when they saw that a small number of customers were repeatedly ordering large numbers of one dollar coins. The top 20 customers bought between $219,000 and $696,000 worth, says Mint spokesman Tom Jurkowsky...Jurkowsky said the Mint sent letters to the top abusers
I plead the 5th...
Save your time, I don't answer PM. Post it in the forum and a dedicated DDF'er will get back to you as soon as possible.

Offline gozalim

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #342 on: July 13, 2011, 08:21:08 PM »
each article repeats that it is NOT illegal (but violate sthe terms of the program)
Whoa!  $284 million in $1 coins!!! Anyone care to estimate what that cost the mint in shipping, handling, and CC processing? Must've cost them a small fortune. What a blatant waste of taxpayer dollars (pun).
according to the wsj article reffered to in the npr article, shipping is about 1.2% (250 coins for $3) and CC processing doesn't get billed specificaly (what ever that means)
=$3,408,000 in shipping fees

Offline Smokey Joe Robinson

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #343 on: July 13, 2011, 08:21:57 PM »
I plead the 5th...
Wow thats a lotta kesef going in circles
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Offline AsherO

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Re: Dollar Coins from US Mint at face value with Free Shipping
« Reply #344 on: July 13, 2011, 08:23:38 PM »
I plead the 5th...

You did more than $219k or more than $696k? :o
« Last Edit: July 13, 2011, 08:27:34 PM by AsherO »